Activities of Gunnar HÖKMARK related to 2010/0250(COD)
Plenary speeches (1)
Explanations of vote
Amendments (5)
Amendment 282 #
Proposal for a regulation
Article 2 – paragraph 1 – point 22 a (new)
Article 2 – paragraph 1 – point 22 a (new)
(22 a) 'group' shall mean a group of undertakings, which consists of a parent undertaking, its subsidiary undertakings and the entities in which the parent undertaking or its subsidiary undertakings hold a participating interest within the meaning of the first sentence of Article 17 of the Fourth Company Law Directive 78/660/EEC of 25 July 1978;
Amendment 339 #
Proposal for a regulation
Article 4 – paragraph 2 – point b a (new)
Article 4 – paragraph 2 – point b a (new)
(b a) The clearing obligation under paragraph 1 shall not apply to OTC derivative contracts concluded by a counterparty with an undertaking that is a member of the same group as that counterparty, if that undertaking is established in the Union or in a jurisdiction whose legal and supervisory framework has been recognised by the Commission as equivalent to the requirements of this Regulation in accordance with Article [*] or, in relation to contracts concluded with a financial counterparty that is a bank or investment firm, is covered by the supervision on a consolidated basis to which the financial counterparty itself is subject, in accordance with Directive 2006/48/EC or 2006/49/EC or by equivalent standards in force in a third country.
Amendment 480 #
Proposal for a regulation
Article 7 – paragraph 2 – subparagraph 2 a (new)
Article 7 – paragraph 2 – subparagraph 2 a (new)
In calculating the positions referred to in paragraph 2, derivative contracts entered into by a non-financial counterparty with an undertaking that is a member of the same group as that non-financial counterparty shall not be taken into account, if that undertaking is established in the Union or in a jurisdiction whose legal and supervisory framework has been recognised by the Commission as equivalent to the requirements of this Regulation in accordance with Article [*].
Amendment 538 #
Proposal for a regulation
Article 8 – paragraph 3 a (new)
Article 8 – paragraph 3 a (new)
3 a. The obligations under paragraphs 1 and 1a shall not apply to OTC derivative contracts concluded by a counterparty with an undertaking that is a member of the same group as that counterparty, if that undertaking is established in the Union or in a jurisdiction whose legal and supervisory framework has been recognised by the Commission as equivalent to the requirements of this Regulation in accordance with Article [*] or, in relation to contracts concluded with a financial counterparty that is a bank or investment firm, is covered by the supervision on a consolidated basis to which the financial counterparty itself is subject, in accordance with Directive 2006/48/EC or 2006/49/EC or by equivalent standards in force in a third country.
Amendment 969 #
Proposal for a regulation
Article 69 – paragraph 3 a (new)
Article 69 – paragraph 3 a (new)
3 a. The Commission may adopt a Decision in accordance with the procedure referred to in Article 69(2) determining that the legal and supervisory arrangements of a third country ensure that undertakings established in that third country comply with legally binding requirements which are equivalent to the requirements set out in this Regulation, if those arrangements impose obligations on undertakings established in that country equivalent to those set out in Title II of this Regulation.